Expansion of Overseas Production Capacity and Factory Investment
First written in FY2016. 12 of 20 entries say "Advanced", first in FY2017. Latest entry: 2026-08-19.
90 other companies' latest entry also says "Advanced".
- FY2025-H1AdvancedAnnual report
「This was due mainly to ¥4,775 million in expenditures for the acquisition of property, plant and equipment and ¥221 million in expenditures for the acquisition of intangible assets.」
During the interim period, the company acquired property, plant and equipment for ¥4,775 million and intangible assets for ¥221 million, continuing its capital investment. No specific breakdown of sites or capacity increases was provided in this disclosure. - FY2024AdvancedAnnual report
「During the consolidated fiscal year, the group made total capital expenditures of ¥11,862 million company-wide, excluding right-of-use assets.」
The company invested a total of ¥11,862 million, mainly in expanding production equipment. Planned capital expenditures for the following fiscal year and beyond total approximately ¥12,651 million, with plans also presented for a new plant in India, expansions of plants in South Korea and China, and production equipment in Mexico. - FY2023AdvancedAnnual report
「HI-LEX MEXICANA, S.A.DE C.V. El Marques plant Plant expansion Production equipment 974 777 Internal funds and borrowings October 2021 April 2024 67%」
Regarding the expansion of overseas production capacity, the company specified that the expansion of the El Marques plant in Mexico was scheduled for completion in April 2024, with a 67% capacity increase after completion. Expansion and production-equipment investment at the Gwangju plant in South Korea also began, bringing total capital expenditures for the fiscal year to ¥9,691 million. - FY2023-Q2AdvancedAnnual report
「We decided to establish a new company in Monterrey, Mexico, as the production base.」
The company disclosed plans to establish a new company in Monterrey, Mexico, as a production base for door latches for vehicles produced in the United States and Mexico, for which 大同ドア株式会社 received orders from a South Korean automaker. Capitalization will be US$4,500,000, and establishment is scheduled for July 2023. - FY2022AdvancedAnnual report
「During the consolidated fiscal year, the group made total capital expenditures of ¥11,087 million company-wide, excluding right-of-use assets. Planned capital expenditures as of the end of the consolidated fiscal year totaled approximately ¥12,149 million.」
The company invested a total of ¥11,087 million in a new production-management system, expanded production equipment and established new plants, and specified planned capital expenditures of approximately ¥12,149 million as of fiscal year-end. It also presented the scheduled completion dates and capacity-increase rates for the new plant in India and the expansion of the Mexico plant. - FY2022-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, the group's operating performance remained sluggish relative to the initially projected sales level, mainly due to production cuts by automakers in various countries caused by the semiconductor shortage and delays in launching mass production for new orders planned in Europe, although」
The delayed launch of mass production for new orders planned in Europe continues to weigh on sales levels. - FY2022-Q2SoftenedAnnual report
「The Group’s consolidated operating results for the cumulative second quarter were affected mainly by production cuts at automakers in various countries due to semiconductor shortages and delays in the start-up of mass production for new orders scheduled in Europe, which kept sales to customers subdued. However, partly due to the increase in yen-denominated amounts resulting from the weaker yen, net sales were ¥120,866 million, up ¥5,373 million, or 4.7%, year on year.」
In the expansion of overseas production capacity and response to new orders, the company stated that the launch of mass production for new orders planned in Europe had been delayed. Mass production of the new orders is progressing, but the launch timing has been delayed. - FY2020AdvancedAnnual report
「HI-LEX INDIA PRIVATE LTD. Bengaluru, Karnataka, India Establishment of a new plant 1,526 September 2020 July 2022 19%. HI-LEX ITALY S.P.A. Chiavari, Liguria, Italy Production equipment 1,752 November 2020 October 2021 107%」
Regarding the expansion of overseas production capacity, the company planned to establish a new plant in India and invest in production equipment in Italy, specifying the investment amounts, planned start and completion dates, and capacity increases after completion. For the full year, total capital expenditures amounted to ¥7,116 million. - FY2020-Q3RestatedAnnual report
「In North America, sales remained sluggish due to customers' production adjustments and shutdowns, resulting in revenue of ¥44,892 million, down ¥18,806 million, or 29.5%, year on year. Despite efforts to reduce costs and improve productivity, operating loss was ¥261 million, compared with operating profit of ¥2,425 million in the same period of the previous year, as the impact of lower operating rates caused by the spread of the infection could not be fully offset and higher costs associated with launching new orders and increased fixed-cost absorption resulting from lower sales affected results.」
In North America, costs associated with launching new orders continued to increase, while lower operating rates due to the infectious disease and higher fixed-cost absorption resulting from lower sales added to the burden of the production-capacity expansion and new-order launch phase. - FY2020-Q2RestatedAnnual report
「In North America, sales remained sluggish due to customers' production adjustments and shutdowns caused by the spread of COVID-19, resulting in revenue of ¥37,077 million, down ¥5,866 million, or 13.7%, year on year. Despite efforts to reduce costs and improve productivity, operating profit was ¥843 million, down ¥812 million, or 49.1%, due to higher costs associated with launching new orders, increased fixed-cost absorption resulting from lower sales, and other factors.」
In North America, costs associated with launching new orders continued to increase, while lower sales and higher fixed-cost absorption caused by the infectious disease added to the burden of the production-capacity expansion and new-order launch phase. - FY2020-Q1RestatedAnnual report
「In North America, sales to customers remained sluggish, with revenue of ¥20,181 million, down ¥3,101 million, or 13.3%, year on year. Despite efforts to reduce costs and improve productivity, operating profit was ¥674 million, down ¥97 million, or 12.7%, due to the impact of higher costs associated with launching new orders.」
In North America, costs associated with launching new orders continued to increase, and the burden of the production-capacity expansion and new-order launch phase continued. - FY2019AdvancedAnnual report
「During the consolidated fiscal year, we made total capital expenditures of ¥10,286 million, mainly for expanding the plant and production equipment of the U.S. subsidiary and constructing a plant for the newly established Czech subsidiary.」
The company invested ¥10,286 million for the full year, mainly in expanding and strengthening production equipment at the U.S. plant and constructing the new Czech plant. Planned capital expenditures at fiscal year-end totaled approximately ¥10,794 million, and plans for additional production and logistics equipment in the United States were also presented. - FY2019-Q3RestatedAnnual report
「The impact of higher depreciation, labor costs and other manufacturing expenses associated with a large-scale expansion of production capacity in North America, including the building expansion undertaken since the year before the previous year, to meet orders scheduled to start in 2019」
In North America, the company continued its large-scale production-capacity expansion, including the building expansion, to meet orders starting in 2019. Higher depreciation, labor costs and other expenses associated with the expansion became factors reducing operating profit. - FY2019-Q2RestatedAnnual report
「The impact of higher depreciation, labor costs and other manufacturing expenses associated with a large-scale expansion of production capacity in North America, including the building expansion undertaken since the previous year, to meet orders scheduled to start in 2019」
In North America, the company continued its large-scale production-capacity expansion, including the building expansion begun the previous year, to meet orders starting in 2019. Higher depreciation, labor costs and other expenses associated with the expansion became factors reducing operating profit. - FY2019-Q1AdvancedAnnual report
「In North America, the impact of higher depreciation, labor costs and other manufacturing expenses associated with a large-scale expansion of production capacity, including the building expansion undertaken since the previous year, to meet orders scheduled to start in 2019; in Asia, the impact of higher depreciation, labor costs and other manufacturing expenses at the new Gujarat plant of the Indian subsidiary, which moved into full-scale operation mainly from the previous year, as well as higher material costs due to market conditions in the country; and in Europe, the impact of increased pre-operating expenses related to the new Czech plant, where production preparations were under way for full-scale operation in June 2019, among other factors」
In North America, the company continued its large-scale production-capacity expansion to prepare for orders starting in 2019, while the new Gujarat plant in India moved into full-scale operation from the previous year. The new Czech plant progressed to the production-preparation stage ahead of full-scale operation in June 2019. - FY2017AdvancedAnnual report
「We made total capital expenditures of ¥12,324 million, mainly for expanding plants and production equipment at subsidiaries in the United States and Hungary, relocating the South Korean subsidiary to a new plant, and constructing plants for newly established subsidiaries in Japan and the Czech Republic.」
During the consolidated fiscal year, the company made ¥12,324 million in capital expenditures, advancing plant expansions in the United States and Hungary, the relocation to a new plant in South Korea, and plant construction for newly established subsidiaries in Japan and the Czech Republic. - FY2016First statedAnnual report
「We invested a total of ¥9,263 million in capital expenditures, mainly for plant construction at subsidiaries in India, South Korea and China, and for expanding production equipment at subsidiaries in North America and China.」
During the fiscal year, the company made ¥9,263 million in capital expenditures, advancing plant construction in India, South Korea and China and expanding production equipment in North America and China. For the following fiscal year and beyond, planned capital expenditures of approximately ¥12,300 million and a plan to increase production capacity by 62% after completion of the Hungary plant are also described.